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Still holding on!We entered CGEN last week hoping for a rise to 15. The biotech sector (IBB) was breaking out and our model was picking up a potential reversal signal. So far the trade has been flat to down. We will be stopped out on any close below 12 but for now we are holding strong. Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat. To view the entire portfolio and track our performance visit our site.
NASDAQ:CGEN
by IngenuityTrading
AvePoint going public via merger with blank-check company ApxtAvePoint, the Largest Microsoft 365 Data Management Solutions Provider, Announces $2bn Merger. - Transaction includes a fully committed PIPE of $140 mm anchored by top-tier investors -Has entered into a definitive business combination agreement - the combined company will be named AvePoint and will remain a publicly traded company listed on the Nasdaq Stock Market under a new ticker symbol, "AVPT." - In addition to the approximately $352 million held in Apex’s trust account as of September 30, 2020, assuming no redemptions by Apex’s public stockholders, the combined company will benefit from $140 million in proceeds from a group of institutional investors participating in the transaction through a committed private investment ("PIPE"). - The transaction, valuing the combined company at an equity value of approximately $2 billion on a pro forma basis after giving effect to the PIPE and assuming minimal Apex stockholder redemptions, is expected to close in the first quarter of 2021. Upon completion of the proposed transaction, existing AvePoint shareholders are expected to own - approximately 72% of the combined company, which is expected to have approximately $252 million of cash on the balance sheet assuming no redemptions by Apex’s public stockholders. finance.yahoo.com
ALong
by AlenCiken
View to Merge with CFII, a SPAC sponsored by Cantor FitzgeraldView, the leader in Smart Windows, to Merge with CF Finance Acquisition Corp., II (Nasdaq: CFII) ("CF II"), a special purpose acquisition company sponsored by Cantor Fitzgerald - View is the market leader in next-generation smart windows that use artificial intelligence and machine learning which will tint the glass to optimize natural light while controlling heat and glare to enhance mental and physical well-being for occupants, creating smart connected buildings which reduce energy consumption and greenhouse gas (GHG) emissions. - The combined company will be called View, Inc. and will be publicly listed on the NASDAQ market - The transaction values View at an enterprise value of $1.6 billion, and is expected to provide up to $800 million in proceeds, including a fully committed PIPE of $300 million at $10.00 per share and up to $500 million of cash held in the trust account of CF Finance Acquisition Corp. II - The transaction is expected to close in the first quarter of 2021. finance.yahoo.com
CLong
by AlenCiken
Potential continuation?Holx looks like it might be headed toward all time highs if this upwave holds. Would be invalidated if price falls below 67. Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
NASDAQ:HOLX
by IngenuityTrading
Lightning EMotors Said In Talks to Go Public Via GigCapital3Lightning EMotors Said In Talks to Go Public Via GigCapital3 -Lightning EMotors, a company that focuses on fleet electrification and cutting out fuel consumption, is in advanced talks to go public through a merger with blank-check firm GigCapital3 Inc., according to people with knowledge of the matter. -GigCapital3 is seeking to raise about $100 million in new equity to support a transaction that would create a combined entity worth $700 million to $1 billion, including debt, said the people, who requested anonymity because the talks are private. Terms could change but a deal, if agreed, could be announced as soon as next week, some of the people said. A representative for Lightning EMotors declined to comment. Representatives for GigCapital3 didn’t immediately respond to requests for comment. -The Loveland, Colorado-based company, formerly known as Lightning Hybrids, adds technology to commercial vehicles such as vans, trucks and buses that reduces their emissions to zero, and provides a charging service. -The company said in October that it had more than doubled its manufacturing space, ramped up production and that it had doubled its workforce. - “There is significant momentum building in the commercial medium-duty electric vehicle industry, driven by social and regulatory trends,” Chief Executive Officer Tim Reeser said in a statement at the time, noting that demand outstrips supply for the industry. Reeser is also a managing director at Aravaipa Ventures, a Boulder, Colorado-based investment firm. - GigCapital3, led by executive chairman Avi Katz, raised $200 million in a May initial public offering. It said it’ll focus on companies with enterprise valuations larger than $500 million in the technology, media and telecommunications industry. - Katz’s GigCapital2 Inc. in October said it signed a letter of intent to merge with Bolder Industries, a company that converts end-of-life tires into sustainable industrial products. An earlier SPAC, GigCapital Inc., merged with Kaleyra SpA in a deal that took the software company public. - A deal between GigCapital3 and Lightning eMotors would follow the pending merger of Pivotal Investment Corp. II and XL Fleet, another company that specializes in fleet electrification. finance.yahoo.com
GLong
by AlenCiken
Model Watchlist: Potential continuation wave?WY could see new new 52 week highs if current formation holds. The play would be invalidated below 28. Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
NYSE:WY
by IngenuityTrading
Aeva to Be Listed on NYSE through Business Combination with IPV Aeva, Maker of the First 4D LiDAR on Chip, to Be Listed on NYSE through Business Combination with InterPrivate Acquisition Corp. -Aeva Inc. (“Aeva”) is the leading provider of comprehensive perception solutions developed on Silicon Photonics for mass scale applications in automotive, consumer electronics, consumer health, industrial and security markets. -Aeva’s groundbreaking 4D LiDAR on Chip combines instant velocity measurements and long-range performance at affordable costs for commercialization at silicon scale. -Aeva has received strategic investments from Porsche SE, the major shareholder of VW Group. -Aeva’s commercial partners also include other top automotive OEMs and world’s leading mobility and technology players. -In September, Aeva announced a production partnership with ZF to manufacture and distribute the first automotive grade 4D LiDAR to global OEM customers. -Business combination to provide up to $363M in gross proceeds, comprised of InterPrivate’s $243M held in trust and a $120M fully committed common stock PIPE at $10.00 per share, including investments from Adage Capital and Porsche SE. -Combined company expected to have an estimated post-transaction equity value of approximately $2.1B and is expected to be listed on the NYSE under the ticker symbol AEVA following anticipated transaction close in Q1 2021. -All Aeva stockholders, including Lux Capital, Canaan Partners, and Lockheed Martin, will retain their equity holdings through Aeva’s transition into the publicly listed company. -Aeva plans to use 100% of the net proceeds from the transaction to accelerate its growth and commercialization. Transaction overview The combined company will have an implied pro forma equity value of approximately $2.1 billion at closing, and Aeva’s existing stockholders will hold approximately 80% of the issued and outstanding shares of common stock of the combined company immediately following the closing. Cash proceeds in connection with the transaction will be funded through a combination of : (i) the issuance of approximately $120 million of common stock through a fully committed private placement at $10.00 per share, including investments from Adage Capital and Porsche SE, (ii) the issuance of $ 1.7 billion of new common stock of InterPrivate to current stockholders of Aeva subject to customary adjustments and (iii) $243 million of cash held in trust assuming no redemptions by InterPrivate’s existing public stockholders. Completion of the proposed business combination is subject to, among other things, the approval by InterPrivate and Aeva stockholders and the satisfaction or waiver of other customary closing conditions , including a registration statement being declared effective by the Securities and Exchange Commission (the “SEC”), and is expected to occur in the first quarter of 2021. ipvspac.com stock
ILong
by AlenCiken
Local Now announced a distribution partnership with CinedigmThe Weather Channel's Local Now Expands OTT Streaming Offerings With Cinedigm Distribution Partnership The Bob Ross Channel, Dove Channel, Gametoon, FashionBox, CONtv, Anime, Comedy Dynamics and BAMBU are Among Channels Now Available on Local Now This collaboration is part of Local Now's commitment to expanding the depth, availability, and entertainment value of its programming offerings. The Local Now audience will now have 24/7 access to engaging, marquee channels. Cinedigm channels will also become available on Local Now's portfolio of OTT, CTV, mobile, and TV platforms at the end of the year. Local Now currently serves a diverse audience, reaching more than 225 markets across the nation. finance.yahoo.com
C
by AlenCiken
HCCH Receives Shareholder Approval of Business CombinationHL Acquisitions Corp. Receives Shareholder Approval of Business Combination with Fusion Fuel Green. shareholders of HL have approved the business combination between HL and Fusion Fuel at an annual general meeting of shareholders held today in New York. None of HL’s public shares were redeemed in connection with the vote to approve the business combination. It is expected that the business combination will close in the coming days. Upon the closing of the business combination, each unseparated unit of HL will separate into its component parts of one ordinary share, one warrant, and one right. Each right of HL will be automatically exchanged for one-tenth (1/10th) of one ordinary share in accordance with its terms. The ordinary shares and warrants of HL will then automatically convert into Class A ordinary shares and warrants of Fusion Fuel, respectively, and it is expected that such Class A ordinary shares and warrants will trade on the Nasdaq Capital Market under the symbols “HTOO” and “HTOOW,” respectively. finance.yahoo.com
HLong
by AlenCiken
Can the run continue?When the model signaled buy late last month I will admit I didn't think it would be one of the better positions but to my surprise it has. We don't trade on narratives or fundamental analysis so we have no explanation for the move but the question is where from here? We would like to see it fill the earnings gap but nothing moves in a straight line. We can expect some chop potentially but as long has it holds $49 it will remain in the portfolio Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
NASDAQ:INTC
by IngenuityTrading
2
Israeli Lidar Startup Innoviz in Talks to Merge With SPAC CGROIsraeli Lidar Startup Innoviz in Talks to Merge With SPAC Innoviz Technologies Ltd., an Israeli startup focused on lidar, laser sensors used in autonomous vehicles, is in talks to go public through a merger with Collective Growth Corp., according to people with knowledge of the matter. Collective Growth is seeking to raise $100 million to $350 million in new equity to support a transaction that’s set to value the combined entity at $1 billion or more, said the people, who requested anonymity because the discussions aren’t public. Terms could change as a deal isn’t finalized, and it’s possible talks could fall apart, one of the people said. Collective Growth, the Austin, Texas-based special purpose acquisition company, is led by Chief Executive Officer Bruce Linton, who is known for co-founding Canopy Growth Corp., a cannabis producer. Collective Growth raised $150 million in April and said at the time it would focus on target businesses in any industry or geography. Innoviz’s investors include Samsung Electronics Co., SoftBank Ventures Asia and Phoenix Insurance Co., among others A SPAC merger has become an increasingly popular method for closely held companies to raise growth capital. www.bloomberg.com
C
by AlenCiken
1
Stem, Inc. to become publicly listed through SPAC company STPKStem, Inc. to become publicly listed through business combination with Star Peak Energy Transition Corp. (NYSE: STPK). • Stem, Inc. – Market Leader in AI-Driven Clean Energy Storage Systems – to Combine with Star Peak, Creating First Public Pure Play Smart Energy Storage Company • Founded in 2009, Stem is an energy storage leader that offers customers a complete solution of integrated battery storage systems, network integration and battery optimization via its proprietary AI-driven software platform called Athena™. • Transaction to provide up to $608 million in gross proceeds, comprised of Star Peak’s $383 million of cash held in trust, assuming no redemptions, and a $225 million fully-committed common stock PIPE at $10.00 per share, including investments from funds and accounts managed by BlackRock, Van Eck Associates Corporation, Adage Capital Management, L.P., Electron Capital Partners, and Senator Investment Group. • Following the expected first quarter 2021 transaction close, the combined company will have an estimated equity value of approximately $1.35 billion and will remain listed on the New York Stock Exchange under the new ticker symbol “STEM.” • Stem’s energy storage systems address a $1.2 trillion market opportunity , and offers investors a unique ESG opportunity to invest in a pure play clean energy company helping to revolutionize the electric grid. www.businesswire.com stock
SLong
by AlenCiken
4
Patience pays off #stocksThe Model had great trade location in early november but has been a slow burner for a stock with high volatility. We got a big move today and we think the earnings gap is in play Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
NYSE:FSLY
by IngenuityTrading
Our plan going into earnings next week #stocksWe were burned by Salesforce but were rewarded by Crowdstrike. The Model has us long equities across the board so we are willing to continue to take the earnings risk. ADOBE has been best in breed Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
NASDAQ:ADBE
by IngenuityTrading
NSCO soars after $1.5 billion acquisition deal and equity investNesco Holdings To Acquire Custom Truck One Source And Create Leading Specialty Rental Equipment Company In Partnership With Platinum Equity Nesco and CTOS are leading providers of specialized truck and heavy equipment solutions including rental, sales and aftermarket parts and service. Platinum Equity, the premier financial sponsor in the specialty rental equipment industry, has committed to invest over $850 million in Nesco in exchange for newly issued common stock at a price of $5.00 per share and will hold a majority interest in the combined company Nesco lead investors, Energy Capital Partners and Capitol Investment, and existing CTOS lead investor, Blackstone, to remain ongoing shareholders in partnership with Platinum Equity Combination significantly reduces leverage, includes material synergies and substantially enhances both corporate and public market liquidity With complementary business lines, customer bases and capabilities, the combination is expected to yield significant benefits from increased scale, breadth of product and service offerings and expanded geographic coverage. existing CTOS shareholders are expected to invest approximately $100 million into Nesco in exchange for newly issued common stock also at the same price as Platinum. After the closing of the CTOS purchase, which is expected to occur in the fist quarter of 2021, Platinum is expected to own approximately 57% of Nesco's outstanding stock, following an additional equity investment of up to $200 million from Platinum. finance.yahoo.com www.marketwatch.com
N
by AlenCiken
Tredegar Board Declares Special Dividend of $5.97 Per ShareTredegar Board Declares Special Dividend of $5.97 Per Share The Special Dividend is payable on December 18, 2020 to shareholders of record at the close of business on December 11, 2020. The Special Dividend is a direct result of our strong cash generation that resulted in cash in excess of debt of $28 million at September 30, 2020, which increased further at the end of October with the closing on the sale of our Personal Care business for estimated net proceeds (after transaction costs, purchase price adjustments and transition services) of $45 to $50 million. the distribution of excess cash is being supplemented by borrowings under our revolving credit facility, which has a maturity date in June 2024, thereby allowing us to prudently use financial leverage in a low interest rate environment while also preserving available capital to meet the needs of our business units." finance.yahoo.com
NYSE:TG
by AlenCiken
TIGR set to run wild! Long term and near term views...NASDAQ:TIGR is setup to rebound on support and make a play to the upside for a lengthy uptrend that should continue til next earning release around early March 2021. Below I will show you the Big picture and the Near term Picture.... BIG PICTURE TIGR is in a weekly and daily channel from 6 months ago to now and is headed to the lower band of that channel but has strong support near 5.50, 5.50, 4.75, 4.50, 4.25 and 4. Let's start with the WHY will it rebound?!? This is the robinhood of china and just had an earnings blowout last week. Absolutely amazing earnings of 130+% for users, rev, net profits. China just dumped 30 Billion into their market this week as QE. There is no slowing down for this company any time soon as they are valued at having customer counts in the single digit millions and in an asian market they have virtually unlimited customers to gain locally. The stock took a hit with profit taking and lack of catalyst after the huge earnings but the value still remains. now becoming oversold and undervalued this company is ripe for a large lengthy upside into next quarters earnings. The channel has upside to 9.00 and downside to 4.75 so @ 5.50 this is a STEAL. NEAR PICTURE 6 month, 3 month, 1 month uptrend embedded readings, 1 week pull back (retracement) signaling profit taking from last quarter. CATCH the wave and ride long my friends.
NASDAQ:TIGRLong
by TheStockMarketSniper
1